About this role:
Wells Fargo is seeking a Senior Institutional Investment Operations Specialist.
Team members support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation, and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
In this role, you will:
Processing corporate actions and voluntary functions & related processes across multiple markets
Reconciling and managing the full lifecycle of voluntary corporate action events inclusive of Event Capture, Notifications, Elections, Reconciliation and Payments.
Working with Agent Banks, Custodians, and external counterparties to ensure complete understanding of events and ensuring data flows are correct with respect to event processing.
Communicating with Operations colleagues, Technology Partners, Project Managers and Middle and Front Office Business Partners.
Risk management for events processed and maintenance of associated procedures.
Required Qualifications:
4+ years of Institutional Investment Operations experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education
Desired Qualifications:
3+ years in Capital Markets, Broker Dealer and/or Securities Operations experience
Knowledge of DTCC and other international depositories and custodians (e.g., Euroclear, Clearstream) for allocations and elections
Extensive knowledge and understanding of Asset Services and Corporate Actions, preferred to have 3+ years of current and direct involvement with this function.
Knowledge and understanding of Broadridge applications, preferred to have knowledge with BANCS (corporate actions processing platform).
Ability to demonstrate a strong understanding of stock loan, securities, and derivative products as related to corporate actions.
3+ years of experience in a Financial Services firm with a focus on servicing an Intuitional / Prime Services business.
Familiar with the regulatory environment and maintaining strong controls
Experience working with custodians, depositories, agents, and external brokers to ensure timely and accurate processing of events to client accounts and to appropriately manage risk.
Demonstrated ability to ensure all daily tasks are completed in a timely manner and in compliance with departmental procedures.
Results driven, able to think outside the box, willingness to take on responsibility.
Intermediate Microsoft Office skills.
Strong analytical skills with high attention to detail and accuracy. Excellent verbal, written, and interpersonal communication skills.
Effective organizational, multi-tasking, and prioritizing skills. Ability to work in a fast-paced deadline driven environment.
Experience with a customer service mindset and a focus on continuous improvement
Location:
1525 W. WT Harris Blvd, Charlotte, NC
Job Expectations:
This position offers a hybrid work schedule
Candidates must be willing to work additional hours as needed
Willingness to work on-site at stated location on the job opening
This position is not eligible for Visa sponsorship
This position is subject to FINRA Background Screening Requirements, including successful completion and clearing of a background check. Internal transfers are subject to compliance with 17 CFR 240.17f-2 of the Securities Exchange Act of 1934 and FINRA Bylaws, Article III, Section 3, which states that Associated Persons should not be subject to statutory disqualification. Successful candidates must also meet ongoing regulatory requirements including additional screening and are required to report certain incidents
Specific compliance policies may apply regarding outside activities and/or personal investing; affected employees will be expected to provide information to the Wells Fargo Personal Account Dealing Team and abide by applicable policy requirements if hired. Information will be shared about expectations during the recruitment process.
Posting End Date:
1 Jun 2025*Job posting may come down early due to volume of applicants.
We Value Equal Opportunity
Wells Fargo is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other legally protected characteristic.
Employees support our focus on building strong customer relationships balanced with a strong risk mitigating and compliance-driven culture which firmly establishes those disciplines as critical to the success of our customers and company. They are accountable for execution of all applicable risk programs (Credit, Market, Financial Crimes, Operational, Regulatory Compliance), which includes effectively following and adhering to applicable Wells Fargo policies and procedures, appropriately fulfilling risk and compliance obligations, timely and effective escalation and remediation of issues, and making sound risk decisions. There is emphasis on proactive monitoring, governance, risk identification and escalation, as well as making sound risk decisions commensurate with the business unit’s risk appetite and all risk and compliance program requirements.
Candidates applying to job openings posted in Canada: Applications for employment are encouraged from all qualified candidates, including women, persons with disabilities, aboriginal peoples and visible minorities. Accommodation for applicants with disabilities is available upon request in connection with the recruitment process.
Applicants with Disabilities
To request a medical accommodation during the application or interview process, visit Disability Inclusion at Wells Fargo.
Drug and Alcohol Policy
Wells Fargo maintains a drug free workplace. Please see our Drug and Alcohol Policy to learn more.
Wells Fargo Recruitment and Hiring Requirements:
a. Third-Party recordings are prohibited unless authorized by Wells Fargo.
b. Wells Fargo requires you to directly represent your own experiences during the recruiting and hiring process.